MTAR Technologies IPO GMP History
MTAR Technologies IPO has been listed on March 15, 2021 at a listing price of ₹1050, against the issue price of ₹575 — a gain of ₹475 (+82.61%). The GMP peaked at ₹600 on 9 March 2021 and reached a low of ₹250 on 25 February 2021. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
MTAR Technologies IPO raised ₹596.41 Cr. through its IPO at a price band of ₹574 to ₹575 per share, with a lot size of 26 shares. The IPO was open for subscription from 03 Mar 2021 to 05 Mar 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 7:18 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 13 Mar 2021 | ₹ 500 | — | 87% | — | — |
| 12 Mar 2021 | ₹ 500 | ▼ | 87% | — | — |
| 10 Mar 2021 | ₹ 550 | ▼ | 96% | — | — |
| 09 Mar 2021 | ₹ 600 | ▲ | 104% | — | — |
| 08 Mar 2021 | ₹ 520 | ▲ | 90% | — | — |
| 06 Mar 2021 | ₹ 500 | ▲ | 87% | — | — |
| 05 Mar 2021 | ₹ 450 | ▲ | 78% | — | — |
| 04 Mar 2021 | ₹ 400 | ▼ | 70% | — | — |
| 03 Mar 2021 | ₹ 450 | ▲ | 78% | — | — |
| 02 Mar 2021 | ₹ 400 | — | 70% | — | — |
| 01 Mar 2021 | ₹ 400 | ▲ | 70% | — | — |
| 27 Feb 2021 | ₹ 380 | ▲ | 66% | — | — |
| 26 Feb 2021 | ₹ 300 | ▲ | 52% | — | — |
| 25 Feb 2021 | ₹ 250 | — | 43% | — | — |
MTAR Technologies IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 03 Mar 2021
- Close 05 Mar 2021
- Allotment 10 Mar 2021
- Refund/credit 12 Mar 2021
- Listing 15 Mar 2021
MTAR Technologies IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹575 |
|---|---|
| GMP-based estimate (pre-listing) | ₹1075 (+87%) |
| Listing gain / loss | +₹475 per share |
| Listing date | 15 Mar, 2021 |
| Actual listing price | ₹1050 (+82.61%) |
Is MTAR Technologies IPO GMP reliable?
Grey market premium for MTAR Technologies IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the MTAR Technologies IPO full review for a fundamentals-based assessment before making any grey market trades.
MTAR Technologies IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for MTAR Technologies IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About MTAR Technologies IPO
MTAR Technologies Limited was incorporated in 1999. It makes mission critical precision components with close tolerances of 5 to 10 microns, and critical assemblies, through precision machining, assembly, testing, quality control and specialised fabrication.
It serves customers in the clean energy, nuclear, space and defence sectors. Clients include ISRO, NPCIL, DRDO, Bloom Energy, Rafael and Elbit.
Products include liquid propulsion engines for GSLV Mark III, base shroud assemblies and airframes for the Agni programme, actuators for the LCA, power units for fuel cells and fuel machining heads. The company has 7 manufacturing facilities in Hyderabad, Telangana.
The IPO was Rs 596.41 crore, with Rs 123.52 crore of fresh issue and Rs 472.90 crore of offer for sale. Rs 63.00 crore of the net proceeds was planned for repaying borrowings and the rest mainly for working capital.
Frequently asked
What is the GMP of MTAR Technologies IPO?
The current Grey Market Premium (GMP) of MTAR Technologies IPO is ₹ 500.
What is the Kostak Price of MTAR Technologies IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for MTAR Technologies IPO is not available.
What is the Subject to Sauda Price of MTAR Technologies IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of MTAR Technologies IPO?
MTAR Technologies IPO listed on March 15, 2021 at ₹1050, against the issue price of ₹575 — a gain of +82.61%.
How did the GMP of MTAR Technologies IPO trend before listing?
The GMP of MTAR Technologies IPO was stable in its final days before listing. The GMP peaked at ₹600 on 9 March 2021. View the day-wise table above for the complete GMP history.
Explore MTAR Technologies IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
